{"id":154090,"date":"2026-07-06T04:17:07","date_gmt":"2026-07-06T04:17:07","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=154090"},"modified":"2026-07-06T04:17:07","modified_gmt":"2026-07-06T04:17:07","slug":"chinas-biren-seeks-us900m-to-fund-gpu-push-and-challenge-nvidia-amid-ai-boom","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=154090","title":{"rendered":"China\u2019s Biren seeks US$900m to fund GPU push and challenge Nvidia amid AI boom"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChinese artificial intelligence chipmaking champion Shanghai Biren Technology is raising HK$7 billion (US$892.5 million) to boost production of its graphics processing units (GPUs), joining a fierce domestic battle to capture Nvidia\u2019s market share in the country amid a global AI boom.<br \/>\nThe company, which went public in Hong Kong in January, announced that it would issue 153 million new shares at HK$46.2 each, representing a 9.9 per cent discount to the stock\u2019s closing price of HK$51.3 last&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/tech-trends\/article\/3359528\/chinas-biren-seeks-us900m-fund-gpu-push-and-challenge-nvidia-amid-ai-boom?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChinese artificial intelligence chipmaking champion Shanghai Biren Technology is raising HK$7 billion (US$892.5 million) to boost production of its graphics processing units (GPUs), joining&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/154090"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=154090"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/154090\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=154090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=154090"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=154090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}